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Noticeably missing from the line-up was China’s own defense minister. China would continue to “deepen strategic coordination” with Russia’s military, and it was willing, Zhang added, to develop China-US military relations. Security coordination between China and Russia has tightened in recent years amid rising tensions between each with the US and its allies. The security forum also comes as the US and China are attempting to navigate their contentious relationship that includes frictions over Taiwan and Beijing’s aggression in the South China Sea. Its officials have declined American outreach for high level meetings, in what was widely seen as a protest against sanctions Washington placed on former defense minister Li in 2018, prior to his time as defense minister, for weapons purchases from Russia.
Persons: Sergei Shoigu, Li Shangfu, Xi Jinping, , Zhang Youxia, ” Zhang, Xi’s, , Zhang, Russia’s Shoigu, Shoigu, ” Shoigu, Vladimir Putin, Xi, Joe Biden, Nancy Pelosi, Li, Wu Qian, ” Wu Organizations: CNN, Russian, Communist Party, Central Military, Global Security, Beijing, Washington, US, Xanthi, Defense Locations: China, Beijing, Moscow, United States, US, Israel, Russia, Ukraine, Washington, South, Taiwan, Palestine, Asia, Pacific, South China, Xanthi Carras
KUALA LUMPUR, Malaysia (AP) — Rose Zhang birdied the 18th hole Saturday for a 7-under 65 and a one-stroke lead after three rounds of the Maybank Championship on the LPGA Tour. The American had an 18-under total of 198 on the Kuala Lumpur Golf and Country Club course. “I just feel like being able to have this opportunity to come into the final round with a little bit of a lead is really great,” Zhang said. Kim Sei-young of South Korea was in fourth place after a 65, three strokes behind Zhang. Minjee Lee of Australia won last week’s stop in South Korea in a playoff and the final tournament is next week’s Toto Classic in Japan.
Persons: — Rose Zhang birdied, , ” Zhang, Atthaya Thitikul, Jasmine Suwannapura, Kim Sei, Zhang, Minjee Lee, Toto Organizations: LPGA, Australia Locations: KUALA LUMPUR, Malaysia, Kuala Lumpur, Thai, South Korea, Japan
Country Garden has defaulted on its debt. What’s next?
  + stars: | 2023-10-27 | by ( Laura He | ) edition.cnn.com   time to read: +4 min
Hong Kong CNN —China’s giant property developer Country Garden has been declared in default on its debt after failing to make a bond repayment by a final deadline of October 18. It’s similar to an insurance product in that it can protect buyers against losses arising from debt default by a company or government. Country Garden, formerly China’s largest homebuilder, missed the payment on a $500 million bond as it battles a liquidity crisis. “Country Garden was once considered a safe name, even as peers like Evergrande and Sunac China went bankrupt around them. What’s next for Country Garden?
Persons: JP Morgan, Goldman Sachs, Jeff Zhang, , John Bringardner, What’s, , ” Zhang, Bringardner Organizations: Hong Kong CNN, CDS, Citadel Americas, Morningstar, Country Garden, Sunac Locations: Hong Kong, Sunac China, New York, China
Hong Kong CNN —Taiwan’s Foxconn, one of Apple’s largest suppliers, is being investigated by authorities in China, according to state media. Foxconn, also known as Hon Hai Precision Industry, has iPhone factories in Guangdong and Henan, including the world’s largest in the city of Zhengzhou. The company’s listed unit in Shanghai, Foxconn Industrial Internet, plummeted by its daily limit of 10% on Monday. Terry Gou, Foxconn founder, announces bid for Taiwan presidency during a press event in Taipei on August 28. The crackdown came despite repeated calls from Chinese leaders to welcome more foreign investment to boost the country’s slowing economy.
Persons: Taiwan’s, Terry Gou, won’t, Foxconn, , , Brock Silvers, Gou, Hai, ” Gou, Ann Wang, Lai Ching, — Hou Yu, Ko Wen, Zhang Wensheng, ” Zhang, Silvers Organizations: Hong Kong CNN, Global Times, CNN, Hai Precision Industry, Foxconn Technology, WPP, drugmaker Astellas Pharma, Kaiyuan, , Apple, Communist, Taiwan, Democratic People’s Party, ih, Kuomintang, Taiwan People’s Party, Beijing, China’s Xiamen University, Financial Times, Shanghai, Economic Observer Locations: China, Hong Kong, Beijing, Guangdong, Jiangsu, Henan, Hubei, Zhengzhou, Shanghai, Taipei, Taiwan
UNITED NATIONS (AP) — The U.N. Security Council held an emergency meeting behind closed doors Sunday, with the United States demanding all 15 members strongly condemn “these heinous terrorist attacks committed by Hamas,” but it took no immediate action. U.S. deputy ambassador Robert Wood said afterward that “a good number of countries” did condemn the Hamas attack but not all council members. He said Beijing condemns all attacks on civilians, though he did not mention Hamas. Malta’s U.N. ambassador, Vanessa Frazier, who called for the meeting, said she didn't know if the council would adopt a statement, but added that any condemnation must be mostly against Hamas. Council members were briefed virtually by U.N. Mideast envoy Tor Wennesland.
Persons: Robert Wood, Russia’s U.N, Vassily Nebenzia, , , ” Nebenzia, Zhang Jun, ” Zhang, “ What’s, ” Wood, impportant, we’ve, Russia’s Nebenzia, Malta’s U.N, Vanessa Frazier, Tor Wennesland, Nebenzia, Wennesland, Lana Nusseibeh, Wood, Biden, Gilad Erdan, ” Riyad Mansour Organizations: UNITED NATIONS, . Security, Associated Press, Security Council, U.N, United Arab Emirates, Hamas, Israel Locations: United States, Russia, Beijing, Palestinian, Gaza, Israel
Beijing CNN —A decade ago, Zhang Weili was handing out flyers to rushing commuters in front of her local subway station. Zhang, born in China’s northern Hebei province, is her country’s first and only champion in US-based promotion the Ultimate Fighting Championship (UFC). Our preparations and tactics were spot on,” Zhang told CNN from Black Tiger Fight Club in Beijing. The Black Tiger Fight Club MMA gym in Beijing is where China's first and only UFC champion, Zhang Weili, trains. The Black Tiger Fight Club training area in Beijing, China.
Persons: Beijing CNN —, Zhang Weili, she’s, Zhang, Brazil’s Amanda Lemos, Joe Rogan, ” Zhang, , Mengchen Zhang, Rose Namajunas, Namajunas, won’t, , CNN Bruce Lee, Bruce Lee, Cai Xuejun, , gesturing, didn’t Organizations: Beijing CNN, UFC, CNN, Black Tiger Fight Club, Fight Club, Fight, MMA Locations: Beijing, China’s, Hebei, , Lemos, China, Lithuanian, Jacksonville , Florida
REUTERS/Thomas Peter/Files Acquire Licensing RightsLONDON, Aug 16 (Reuters) - China's top energy official has called for more secrecy in the country’s energy sector to protect national security in an increasingly hostile international environment. U.S. officials are keen to play down analogies between the intensifying strategic rivalry between China and the United States and the Cold War between the United States and the Soviet Union. The result is likely to be a more suspicious and cautious approach to cooperation on energy issues including emissions reductions. He warned about the increasing information security risks posed by smart phones, social media and hacking. Zhang called for “sober awareness” of these challenges and correct handling of the relationship between energy supply and energy security.
Persons: Thomas Peter, ” Zhang Jianhua, Zhang, Xi Jinping, John Kemp, Tomasz Janowski Organizations: REUTERS, National Energy Administration, Energy, Thomson, Reuters Locations: Wu'an, Hebei province, China, United States, Soviet Union, Ukraine
The study authors said it’s the first nationally representative study of the potential effects of particle pollution on dementia in the US, and the link to dementia was most robust in areas with pollution from agriculture and wildfires. Pesticides are neurotoxins to animals, she said, so those may be the particles in agriculture pollution that are affecting human brains, as well. As for wildfires, the smoke doesn’t just come from burning trees; things like homes and gas stations burn too, becoming the particle pollution that people breathe in. The new study cannot determine the exact mechanism connecting particle pollution and dementia, but scientists have some theories. A study in England found that adults living with the highest annual concentration of air pollution had 1.4 times the dementia risk as those living with the lowest annual concentration.
Persons: it’s, , Sara Dubowsky Adar, Boya Zhang, Adar, Caleb Finch, William F, It’s, Masashi Kitazawa, Kitazawa, ” Kitazawa, Finch, Zhang, Dr, Sanjay Gupta, ” Zhang, Organizations: CNN, US Environmental Protection Agency, University of Michigan School of Public Health, Pesticides, ARCO, William, Kieschnick, University of Southern, World Health, Alzheimer’s Association, University of California, Alzheimer’s, CNN Health, World Health Organization Locations: United States, University of Southern California, Irvine, Canada, England, California
The national survey and restrictions on foreign access are part of new regulations on China’s genetic resources, which came into effect in July. The national genetic surveyBiobanking in China – meaning the collection of biological samples – is still “very fragmented,” and in an “embryonic stage,” said Zhang. But these concerns aren’t new – and the national genetic survey seems to be geared more toward scientific research than other purposes, several experts agreed. But China has another motive, too: establishing what some experts call “genomic sovereignty,” meaning full control of the genetic material within their country. While many other countries also have laws regulating the use and transfer of their population’s genetic material, few are as strict as China’s.
Persons: Guang Niu, , Joy Y, Zhang, you’re, Wei Liang, ICHPL, Anna Puglisi, Puglisi, States –, Katherine Wang, ” –, Wang, , Sun, Xi Jinping, Jiankui, Anthony Wallace, ” Zhang Organizations: Hong Kong CNN, Central South University, Centre for Global Science, biosciences, Shanxi Province Reproductive Science, Communist Party, Georgetown’s Center for Security, Emerging Technology, Gray, Group, CNN, Ministry of Science, Technology, National Health Service, National Institutes of Health, NIH Locations: Hong Kong, China, Changsha, Shanxi Province, Taiyuan, States, , Wuhan, Xinijang, Xinjiang, Beijing, AFP, Harvard
The UN has an opportunity to set globally agreed-upon rules of the road for monitoring and regulating AI, Guterres said Tuesday at a first-ever meeting of the UN Security Council devoted to AI governance. Its creators themselves have warned that much bigger, potentially catastrophic and existential risks lie ahead. “China firmly opposes these behaviors.”Zhang’s remarks come on the heels of reports that the US government may seek to limit the flow of powerful artificial intelligence chips to China. Addressing the security council via teleconference, Jack Clark, the co-founder of the AI company Anthropic, urged member states not to allow private companies to dominate the development of artificial intelligence. “We cannot leave the development of artificial intelligence solely to private sector actors,” Clark said.
Persons: António Guterres, Guterres, , James, Zhang Jun, ” Zhang, Zhang’s, Jack Clark, ” Clark Organizations: CNN, United, UN, Council, , Tech Locations: United Nations, China, United States, teleconference
CNN —Thai golfer Natthakritta Vongtaveelap made it through just five holes of her US Women’s Open debut on Thursday before she was disqualified due to her caddie’s use of a rangefinder. The 20-year-old LPGA Tour rookie was even-par to start her tournament at California’s famous Pebble Beach course before she was disqualified after caddie Jinsup Kim used the distance-measuring device on two occasions. On July 1, American Zach Williams navigated just two holes of his Korn Ferry Tour debut at the Memorial Health Championship before he was disqualified for using a rangefinder. A five-time champion on the Thai LPGA Tour, Vongtaveelap announced her arrival on the LPGA Tour in stunning fashion with a runner-up finish at the Honda LPGA Classic in February, finishing just one stroke behind American Lilia Vu. This is the first time my brother ever actually watched me play, so it’s really, really special.
Persons: Natthakritta Vongtaveelap, caddie Jinsup Kim, Vongtaveelap, , Michael Yim, ” Yim, , Zach Williams, Korn, I’ll, ” Vongtaveelap’s, Lilia Vu, Kim, Lin, Janet Lin, Korea’s Kim Hyo, Thailand’s, , ’ ” Lin, ” Kim, Ezra Shaw, Áine Donegan, Donegan, Ping, — aine donegan, Leona Maguire, Bailey, Allisen, Nasa Hataoka, Korea’s Hae Ran Ryu, Minjee Lee, Karrie Webb, Rose Zhang, ” Zhang, they’re, “ I’ve Organizations: CNN, US, Women’s, USGA, Tour, PGA Tour, Memorial Health, Thai LPGA, LPGA, Honda LPGA, Lotte, Evian, Pebble, Getty, Nasa, PGA Locations: U.S, Pebble Beach, Republic, Southern California
Hong Kong CNN —Joseph Tsai, executive vice chairman and cofounder of Alibaba Group, will succeed Daniel Zhang as chairman, according to an announcement by the Chinese tech giant on Tuesday. Eddie Wu, chairman of Alibaba’s e-commerce platform Taobao and Tmall Group, will succeed Zhang as chief executive officer and replace him on the company’s board of directors. Following the transition, Zhang will continue to serve as the chairman and CEO of Alibaba’s cloud unit. “I am grateful for the trust of the Alibaba Group board of directors and am honored to succeed Daniel as Alibaba’s CEO,” he said. Zhang was appointed by Alibaba as CEO in May 2015, eight years after he joined the company.
Persons: Hong Kong CNN — Joseph Tsai, Daniel Zhang, Jack Ma, Eddie Wu, Zhang, ” Zhang, Wu, , Daniel, , Alibaba, Ma, Masa Son Organizations: Hong Kong CNN, Alibaba, Alibaba’s, Tmall, Alibaba Cloud Intelligence Group, Ant Group, Alibaba Group, University of Hong Kong, University of Tokyo Locations: Hong Kong, Beijing, Japan, China
But Sunday’s final round shaped up to be a roller coaster for the two-time NCAA women’s golf national champion. With a win in sight, Zhang missed a would-be victory clinching putt to send the tournament into a sudden death playoff with Kupcho. Rose Zhang at the first tee during the final round of the LPGA Mizuho Americas Open on Sunday. Following her maiden LPGA Tour victory, Woods congratulated Zhang on Twitter saying, “Incredible few weeks for Rose Zhang, defends her NCAA title and then wins in her Pro debut. Despite the busy school schedule, Zhang says fans can expect to see a lot more of her on the LPGA Tour.
Persons: Rose Zhang, Jennifer Kupcho, Zhang, Atthaya Thitikul, Aditi Ashok, Beverley Hanson, it’s, I’ve, ” Zhang, , I’m, , Rich Graessle, Lorena Ochoa, Tiger Woods, Woods, what’s, I’ll Organizations: CNN, Mizuho, Liberty National Golf Club, Kupcho, Stanford, NCAA, LPGA, LPGA Mizuho, NCAA National, CS Locations: New Jersey, Cheyenne Knight, Arizona
Zhang displays her trophy after winning the Mizuho Americas Open in a playoff over Jennifer Kupcho during the final round Sunday. “Incredible few weeks for Rose Zhang, defends her NCAA title and then wins in her Pro debut,” tweeted Tiger Woods, who forged his own legacy as a Stanford Cardinal golf player. Join us on Twitter and FacebookIt would be wise, sport fans, to pay attention, even if golf isn’t your thing. With Rose Zhang, the LPGA has a star who is not just the most touted athlete to hit women’s golf in a long time, but golf writ large. Indeed, Zhang might be one of those athletes, like Woods, who could transcend her sport, creating the start of something special for all of us.
Persons: Amy Bass, Read, Rose Zhang, Beverly Hanson, Amy Bass Rodney Bedsole I’m, , Julene Caulfield, Zhang, Jennifer Kupcho, Elsa, ” Zhang, , Woods, , Zhang —, Rafael Nadal, Novak Djokovic, Carlos Alcaraz Organizations: Manhattanville College, CNN, Mizuho, Stanford University, NCAA, Student, Manhattanville, Division III, Liberty, Stanford, Kupcho, Twitter, Stanley, Golden Knights, Celtics, Denver Nuggets, NBA Locations: Jersey City , New Jersey, Vegas, Florida
Not long before Rose Zhang clutched a microphone on Tuesday, Michelle Wie West laughingly made an observation: Zhang might have logged more weeks as the world’s No. 1 amateur women’s golfer than Wie West spent as an amateur, period. It was an exaggeration — even though Wie West became a professional at 15 years old and Zhang spent more than 140 weeks in the top spot — but it also wryly underscored how Zhang’s rise in women’s golf is playing out differently from how other ascending stars built their careers. In Zhang, who will make her professional debut this week at the Mizuho Americas Open in Jersey City, N.J., women’s golf is getting the rare prodigy who has played for an American college. “So I wanted to see how I fared in college golf, and it turned out well.”
Persons: Rose Zhang clutched, Michelle Wie West laughingly, Zhang, Wie, you’re, ” Zhang, Organizations: Mizuho Locations: Jersey City, N.J
Staples is “a classic ‘category killer,’ like Toys R Us,” Mitt Romney, then Bain & Co.’s managing general partner, said in 1989. Another category killer fell this week, when Bed Bath & Beyond filed for bankruptcy. Once the go-to stop for everything in customers’ homes, Bed Bath & Beyond was brought down by shopping changes, competition and its own missteps. Founded in 1971 as Bed ‘n Bath as a small linen and bath store, the company changed its name to Bed Bath & Beyond in 1987 to reflect its expanded merchandise selection and built larger superstores. It’s somewhat ironic that there is now nostalgia for Bed Bath & Beyond and other once dominant chains that drove mom-and-pops out of business.
Many of the automotive industry's biggest chip suppliers such as NXP Semiconductor (NXPI.O) and STMircoelectronics NV (STM.DE) tap TSMC to make their chips. But automotive chips must meet a higher bar for ruggedness and longevity than the chips that go into consumer electronics. TSMC has special manufacturing processes for the automotive industry that typically arrive a couple years after similar processes for consumer chips. In the past it has then taken automotive chip firms extra time to create chip designs for those specialized manufacturing lines. At a conference in Silicon Valley on Wednesday, TSMC unveiled new software that will enable automotive chip designers to start work on their designs about two years sooner.
CNN is not revealing the identities of the bank victims in order to protect their safety. Bank victims protest in Henan in July 2022. Experts say small banks in other parts of China could face the same crisis, as the world’s second largest economy faces a longer term structural slowdown. Some Chinese bank victims even say they’re living in fear of violent reprisals. CNN interviews bank victims in China.
Hong Kong CNN —Alibaba showed off its answer to the ChatGPT craze on Tuesday, demonstrating new software that it plans to eventually roll out across all its platforms. The Chinese tech giant unveiled Tongyi Qianwen, a large language model that will be embedded in its Tmall Genie smart speakers and workplace messaging platform DingTalk. Alibaba Group CEO Daniel Zhang speaking Tuesday as the Chinese tech giant showed off its answer to the ChatGPT craze, demonstrating new software it plans to integrate across its enterprise and consumer platforms. In draft guidelines issued Tuesday to solicit public feedback, the country’s cyberspace regulator said generative AI services would be required to undergo security reviews before they can operate. Most of those units, including its cloud services business that oversees AI projects, will be authorized to raise capital and pursue public listings.
Alibaba is splitting into six to prepare for IPOs
  + stars: | 2023-03-28 | by ( ) edition.cnn.com   time to read: +2 min
Alibaba Group plans to split its business into six main units covering e-commerce to cloud in the biggest restructuring of its 24-year history. Five of the business units will explore fundraising or initial public offerings, the company said Tuesday. The six units are Cloud Intelligence Group, Taobao Tmall Commerce Group, Local Services Group, Cainiao Smart Logistics Group, Global Digital Commerce Group and Digital Media and Entertainment Group, it said in a statement. Daniel Zhang will continue to serve as chairman and CEO of Alibaba Group (BABA), which will follow a holding company management model, and concurrently serve as CEO of Cloud Intelligence Group. The restructuring “does inject an element of flexibility and adaptability into the company, which currently is something of a behemoth,” he added.
Since the incident, a sense of shock has rippled through the school’s Asian community. The students say that conversations around the incident have been active among the Asian Americans on campus. Karen Cheng, a senior at the university and the president of the school’s Asian American Association, noted a similar sense of fear. As an Asian American woman, she said, public safety concerns predate the tragedy. But the community is also flanked by some areas with white supremacist activity, something many Asian American students are aware of, Cheng said.
BEIJING — China on Friday eased some of its draconian Covid rules, including shortening quarantines by two days for close contacts of infected people and for inbound travelers, and removing a penalty for airlines for bringing in too many cases. Under the new rules, centralized quarantine times for close contacts and travelers from abroad were shortened from seven days to five days. The requirement for three further days in home isolation after centralized quarantine remains. Inbound passengers are transported by bus to their quarantine hotels after arriving at Pudong International Airport in Shanghai in January. “This meeting further illustrates policymakers have started to focus more on optimizing the Covid control policies,” Goldman Sachs said in a note following Thursday’s Politburo Standing Committee meeting but before Friday’s announcement.
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